A Fractional Reserve Gold Standard: The Next Big Fraud

It is easy to predict what will happen once you understand the people who own the governments of the United States, England and Europe. They are bankers so you follow their money. And they are mostly Jewish so you follow the Rothschilds and Israel.

We are currently in the midst of several frauds that are taking every last penny from the middle and working classes. And we are in the midst of unfolding events new readers must first understand. I will explain these frauds first before revealing what the bankers are planning.

The most important event of 2012 will not be the American elections but will be this: The Federal Reserve, the Bank of England, the European Central Bank and the IMF lowering the The Really Big Boom in 2012. That is to say they will call for an international conference at which all currencies will be devalued. Translation: All prices in dollars will double. And this will permanently cut real American wages in half. As I said previously, Americans have more than 300 million guns and 10 billion bullets so we shall see what does happen.

The people who have owned the governments of England, the United States and Europe since before I was born have been stealing a lot of money and gold in preparation for this Next Big Fraud which is another Fractional Reserve Gold Standard. Hint From History: Fractional Reserve banking did not work out in 1348 Venice.

Back to the current frauds: When the US government runs a deficit, it sells bonds through the Federal Reserve bank of New York. But trillions of dollars more in bonds are sold than are required to fund the deficit. The bankers are allowed to keep the trillions of dollars they stole from the sale of fraudulent bonds.

They have also stolen trillions from unaudited government spending. On 9-10-2001 Secretary of Defense Donald Rumsfeld admitted he could not trace 2.3 trillion dollars in DOD spending. On 9-11-2001 a bomb killed the people tracing the missing trillions. This is before a plane or whatever it was hit the Pentagon. The bankers are also allowed to steal trillions from other federal departments as well.

The banks have been laundering drug money for 200 years. They currently launder a trillion dollars a year in drug money, 400 billion dollars a year in illegal weapons and 500 billion a year dollars in political bribes. They also launder money for human trafficking which sells 250,000 mostly women and children into slavery. The Russian-Israeli mobs are big in this field.

The bankers have made trillions from the Dot Com bubble of the 1990s and the ongoing mortgage backed securities frauds. The latter has cost American taxpayers 30 trillion dollars to date. Most of this will be paid for by inflation. The annualized growth in US M2 Money Supply is 29% and will soon reach hyperinflation levels. Ben Bernanke will be asked to print trillions of dollars to bail out the European banks and their trillions in bad investments. All that money printing will push us into hyperinflation.

The bankers have also been busy stealing gold. On 9-10-2001 a billion dollars in gold and silver was stolen from the COMEX vault at World Trade Center Tower 4. Just recently 144 million ounces in gold was stolen from Libya along with the 100 billion dollars in investments Libya had overseas. Photos have been seen of CIA agents with that Libyan gold. But we are told nobody knows where the gold went. And the bankers say they cannot find that 100 billion dollars in Libyan deposits but they are willing to loan at interest money Libya needs to repair the damage done by NATO.

Hugo Chavez asked for the return of the 211 tons of gold he had on deposit at the Bank of England, JP Morgan and other banks. To date he has not received his first shipment. Mexico bought 110 tons of unallocated gold but I have not heard of an actual delivery to a Mexican vault. Jim Rickards, a Wall Street insider, said the US should just keep the 3,000 plus tons of German gold on deposit in New York so America could go on a gold standard.

The gold supply of most nations has been steadily sold off while the price of gold went up until 1980, down until 2001 and upwards ever since. Government gold deposits have also been leased
to banks. This paper gold appears on the books of both the entity holding the gold and the one leasing the gold. Then the gold lessee can become a lessor and lease that paper gold out five more times.

There are many stories in the press of American gold bars have been tested and proven to be gold plated tungsten-steel bars.

So understanding the ability of the bankers to consistently steal money and gold without criminal indictments, do you doubt that the bankers have almost all of the gold?

German Bundesbank officials have told Russia Today reporters they estimate that China has 3 times as much gold as they publicly acknowledge. The Rothschilds have invested heavily in China and India. After the Soviet Union collapsed, the NY FED and the Harvard Endowment sacked and looted Russian state companies and pension funds to the tune of 240 billion dollars under Boris Yeltsin. The Russian economy was taken over by 9 men of whom 8 were Jewish. Putin has feuded with some of these men. But today the Rothschilds own Kinross which has extensive gold holdings in Russia.

The gold and silver markets were taken down recently by the Federal Reserve which paid banks and brokerages to short bullion and drive prices down. This makes the dollar look good. It also lets the banking elite buy gold and silver at bargain basement prices for their personal account. Of course the printing of dollars to naked short ten billion dollars of silver bullion in one minute against a rising market will cost those taxpayers a lot of money. Of course bullion and copper prices have been going up for the past few days.

The Chinese and a lot of other governments have been selling off their US Treasury bonds. The US and most European governments have been pressuring private pension funds to buy government debt. They will all be in for a rude shock when the US, England and Europe default on their Treasury bonds.

All that will be left will be hyperinflated currencies and gold and silver bullion. That is when the bankers tell you they have a currency for you that is almost gold backed. Actually, it will be a gold exchange standard with redemption available to banks and governments. They own the gold. They stole the money from you to buy whatever gold they did not steal from your national vaults. They will say this new paper money can be redeemed for gold provided you own a bank or a government. The problem is that there is just not enough gold at 165,000 tons to serve as a currency so they will deposit it in their banks and give you New Paper Dollars which are almost the same as gold. At $1,700 an ounce, they will give the people of the world a credit in their banks for a little over 9 trillion dollars. That could be more likely valued at multiples of $1,700 and 9 trillion dollars due to inflation.

They will, like their Venetian ancestors before them, create 50 trillion dollars in loans which will become your checking account and credit card money. And they will have you back at their banks paying interest on money they created out of nothing. And, if you have no gold which is not surprising because they stole almost all of it, they will loan your nation the gold they originally stole from you in exchange for all the homes, farms and natural resources in your country. You will be their slaves forever (at least in their dreams).

There is an alternative. We end forever all fractional reserve banking. We arrest the bankers and seize all of their assets to compensate the taxpayers and pensioners whose money was stolen. We then issue a new Greenback like currency.

Related Articles:

Nine Myths And Misconceptions About Money That Can Literally Kill You
https://vidrebel.wordpress.com/2011/06/30/1054/

The Counterfeiters
https://vidrebel.wordpress.com/2011/04/25/the-counterfeiters/

LOL!! I Stole 3.5 Trillion Dollars From You. I Dare You To Do Something.
https://vidrebel.wordpress.com/2011/07/31/lol-i-stole-3-5-trillion-dollars-from-you-i-dare-you-to-do-something/

Michael Hudson: Go Beyond Left And Right To An Anti-Banker Party
https://vidrebel.wordpress.com/2011/07/17/michael-hudson-go-beyond-left-and-right-to-an-anti-banker-party/

About horse237

I have decided to share two of the visions I had as a child. When I was eight, I had a vision of a future war that killed 99.5% of the world's population. When I was 16 and living in the projects, I had a vision of my future. I was to live in complete obscurity until it came time to stop WW III. When I was about ten, I had read a bio of Nikita Khrushchev which said he survived Stalin by playing the bumbling fool an old Russian peasant trick. I decided to do the same as I had already learned that we did not live in a democracy. The other vision I had when I was in third grade was of the Mind of God and how it interacted in the creation of the world we see. I believe you and I were born at this time precisely so we would have an opportunity to stop this war. As for my personal info, I grew up on military bases and in housing projects. My legs atrophied from starvation as a child. My second step-father died in prison. I used to have to rub my skin to simulate human contact. They did not feed me when I was a child. I do not fight in their wars as an adult.
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24 Responses to A Fractional Reserve Gold Standard: The Next Big Fraud

  1. Pingback: The Banking System is Pure Evil - Page 18

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  3. Carl Herman says:

    Nice, VR. Yes, debt-free money is the solution. With it, government (if transparent) can become the employer of last resort for infrastructure investment. Because hard and soft infrastructure produces more value to the economy than its costs, we’d have the triple benefits of full employment, the best infrastructure we’re capable of, and DECLINING prices.

    Of course, that’s in the current economic/monetary model. The Zeitgeist film series anyone can view online describes a “resource-based economy” that posits when public goods and services are most efficiently created without the red tape and accounting of money, we’ll shift into a technology-directed creation that requires relatively little labor in order to produce human needs.

    The way to get from here to our bright future is public recognition that our current system with war and money is criminal and arrest the criminals. I recommend a Truth and Reconciliation process to most quickly achieve an end to the crimes, peaceful surrender, return of assets, and allow those with “Scrooge conversions” to help get all the criminals.

    • The problem with Jacques Fresco is, that his vision implies highly centralized power. In fact: it is not much different from what our bosses have in mind: a technocracy with services delivered by an all powerful entity.
      Resource based money is a hoax: who would decide who gets what? What has money creation to do with resources?
      Money is a result of the credit of the population. It can be produced at almost zero cost. What we need is a free market for currency that will make available cheap credit to everyone. Where there is no all powerful central ‘authority’.
      http://www.activistpost.com/2011/10/for-self-determination-we-need-free.html
      It is better to have local services, where local communities self organize. Of course they need to interact with other communities, so their currencies must be convertible.
      These matters are being developed by courageous souls all over the world.

  4. Your articles have been getting really, really good.

  5. This is a very important topic that has been much on my mind also.
    Whether the greenback is the ultimate answer, however, remains to be seen:
    http://realcurrencies.wordpress.com/2011/10/13/reassessing-the-greenback-and-other-alternative-monetary-systems/

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  7. johnturmel says:

    horse237: “There is an alternative. We end forever all fractional reserve banking. We arrest the bankers and seize all of their assets to compensate the taxpayers and pensioners whose money was stolen. We then issue a new Greenback like currency.”
    Jct: So help Dennis Kucinich’s Bill HR2990 to End the FED using Treasury Greenbacks like Lincoln? The silence from EndtheFEDers is deafening! Pauper Party of Ontario Occupy Toronto for Argentine Solution where unions were paid in small-denomination provincial bonds used for Hydro,Taxes, Medical, Licenses (HTML) which all others wanted. No layoffs, more jobs, 2001 broke, 2006 out of foreign debt. Kucinich’s Greenbacks too!

  8. Pingback: The Great Healthcare Kill Off Begins After Election Day | Video Rebel's Blog

  9. Tom Sullivan says:

    To call the interest-bearing debt-based “money” issued by the likes of the Federal Reserve and the ECB a “fractional reserve” system is a bit of a misnomer. There is no reserve ratio. Fractional reserve is what is employed by the retail banks. The central banks issue money with no concern for reserve ratios.

    Anthony Migchels is right. Gold-backed currency is NOT the answer. It merely puts more power into the hands of those who own the vast majority of the world’s gold. Its the golden rule – he who has the gold makes the rules. Also, a gold-backed currency may also be an interest-bearing currency, which leaves us with the same problem we’ve been labouring under for almost a century.

    Any replacement for the interest-bearing debt-based currency we have now should be value based and should derive its value from a commodity that nobody can manipulate or monopolise. The value could be derived from a notional unit of labour, or from a basket of staple daily requirements for the average person. What matters is that the value can not be manipulated easily and that there is no interest payable.

    • Interest free credit would be asset backed, not so commodity. Commodities are controlled and the question by whom.

      With asset backed money, people can create credit based on stuff they own. This would put the control over the backing with those using the money.

      It would also guarantee very ‘hard’ money.

  10. Peter says:

    You certainly post very interesting articles. and it would be great if that were to happen, but would’t you agree that issuing another paper currency, backed by nothing, would lead to the same endgame the dollar will soon see? whether we are successful, or not, in taking down the elites, humans will always be greedy and selfish. At least that is the system that was created through our botched educational system that teaches the bulk of humanity to be enslaved without even truly realizing it. “gold is money, everything else is credit” J.P Morgan

    • horse237 says:

      Fiat non-interest hearing currencies have worked in the past. Colonial scrip and the Isle of Guernsey and the Greenback. What does not work is an interest bearing currency. You only make enough money to pay the principal and not the interest. What also does not work is the fractional reserve banking system which collapsed on a gold standard in 1348 in Venice. Sell all your gold and silver if we ever get a gold standard.

      I have been writing articles designed intentionally to be picked up by key word computer searches. One theme I have used several times in a military coup. I would like them to release the scientific advances we have locked up to get the economy moving again. I would also issue stock in the new science corporations to fund retirement for younger people.

      One of those would be free or nearly free energy. It would enable us to pull gold, silver from the oceans and produce fresh water for new farms. Gold prices would drop like a rock.

      Our problems come from the criminals running out government.Most people do not realize just how deep insanity runs in the Jewish mind. They are very self-destructive.

    • Another important point is, that if we go interest free credit (instead of debt free money) all the outstanding credit would be backed by hard assets: collateral.

      Austrians more and more start to see the problems of Gold and they are now suggesting ‘commodity’ currency. But these commodities would still be controlled by powerful interests.

      The future is that anybody with collateral can always get interest free credit. Same with mortgages.

      This would mean rock solid money, backed by hard assets, inflation free, interest free and available in quantities completely decided by the market.

  11. JohnLocke says:

    The essential issue for fixing the world economy is not “this is the problem, what is the solution.”
    Economists not in bed with the Reserve have proposed a few solutions that would work good or great, but thats research you need to do for yourself.
    The issue is “we have the solution, how do we implement it?”
    This was edited to limit the verbiage. We need to leave oxygen in the room for others to comment.

    I believe we will either have a military coup or have the military stand down if we had Spanish style riots and took over.

  12. Pingback: REAL NEWS Oct 01 2012 « DaniMartExtras, Too

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